Due to the proliferation of payment methods, many businesses strive to provide their customers with more payment options.

PayCEC is pleased to announce the addition of two new payment features in November (2021): Cryptocurrency Payment Gateway and SEPA Transfers Acceptance. Our Payment Gateway will be upgraded to accept Cryptocurrency Transactions and enable faster funds transfers within the Eurozone (SEPA).

In a nutshell, these two features represent our next step in our globalization journey. To begin, Cryptocurrency Payment Gateway is a gateway that accepts cryptocurrency transactions and allows customers and online stores all over the world to connect without any barriers. SEPA Transfers Acceptance, on the other hand, unifies the payment acquiring process for E-commerce companies and online businesses by providing seamless and secure digital banking transactions.

PAYCEC PAYMENTS CANADA INC. was formed in British Columbia, Canada and the company has registered for the Money Services Business (MSB) with FINTRAC (Financial Transactions and Reports Analysis Centre of Canada). We are delighted to welcome those E-commerce firms and online businesses from around the world, particularly Startups and SMEs. Because of the increased demand for payment methods, more markets are being added on a daily basis.

The new features are the outcome of a strong partnership between PayCEC and DNBC Financial Group, a global financial institution with worldwide branch networks, including Europe branches in Lithuania, Hong Kong, Singapore, and the United States, among other places.

There are several advantages for our clients based on the characteristics of our Payment Gateway and the fictitious design of Cryptocurrency transactions:
● Unlimited- Look for ways to broaden your customer base by offering more payment options.
● Implementing the new technology will be simple once businesses understand the benefits of using cryptocurrency in B2B payments.
● Instant cryptocurrency-to-fiat conversion. The fastest and safest way to exchange cryptocurrencies, with the lowest market rate and no volatility risk.
● Transactions that are lightning fast. Benefit from faster, global transactions that are not possible with traditional bank transfer payments.
● Saving money on transaction fees.
SEPA Bank Transfer, with the introduction of this feature, there will be varied benefits for merchants:
● Cross-border euro payments will be possible for all economic actors (Buyers and Sellers).
● Merchants simplify their payment system by increasing e-invoicing and improving fintech-related factors.
● Bank account centralization benefits businesses by simplifying payment management and resulting in funds.
● Payments to other countries in the SEPA zone will be simpler.
● Receiving payments directly from customers, without the use of an intermediary.
● Reduced transaction costs.
PayCEC’s Vision Statement
We anticipate that in the next two years, our client acquisition will reach the annual number of 1.000 global merchants registered, and that this figure will be scaled up in the future.

Based on the high standards and minimum requirements, the online merchants should carefully consider which trustworthy platform to rely on in order to determine best practices and facilitate streamline response in the payments process.

"PayCEC accepts Cryptocurrency Transactions and SEPA Bank Transfers as parts of our larger goal of globalization. We want to create a diverse and convenient payment environment. That is why we are here to assist our merchants who want to expand beyond domestic e-commerce markets. We believe that providing more payment options is one way to achieve a win-win situation for both parties." says Le Hung Anh - Jimmy Lee, CEO of PayCEC.